














$749,000
MLS #:
25556075
Beds:
2
Baths:
1
Sq. Ft.:
1072
Lot Size:
0.06 Acres - 2,565 Sq Ft
Yr. Built:
1906
Type:
Single Family
Single Family Residence
Area:
C16 - Mid Los Angeles
Address:
1616 W 24th Street
Los Angeles, CA 90007
Welcome to your ideal investment or personal residence in the heart of one of LA's most sought-after neighborhoods! Just a mile from the University of Southern California (USC) and USC Village, This charming 2-bedroom, 1-bathroom. Offering an ideal blend of residential comfort and strong investment potential. Inside, you'll find an inviting layout featuring original hardwood floors, a spacious living room, formal dining area, and a well-appointed kitchen equipped with appliances and an in-unit washer and dryer. The bathroom has been updated with tasteful tile and a glass-enclosed shower, adding to the home's appeal. Situated in the Adams-Normandie Historic Preservation Overlay Zone (HPOZ), this home places you in close proximity to Downtown LA, L.A. Live, the Coliseum, BMO Stadium, Expo Park, Trader Joe's, and the future Lucas Museum of Narrative Art. Commuters will appreciate the quick access to the 10 and 110 freeways, making it easy to navigate the city. Adding to the value, the property comes with RTI (Ready-To-Issue) plans to build a 2-bedroom, 1-bathroom ADU (Accessory Dwelling Unit) with a private entrance and separate address. These plans also include a second bathroom addition to the main house, offering even more functionality. Once completed, the ADU is estimated to generate approximately $3,000 per month in rental income. The main home has previously rented for $3,200 per month, making the total potential income over $6,200 per month. Attractive financing options are also available. Loan programs available; please call to inquire. These programs are available to both first-time and repeat buyers.
Appliances:
Disposal
Refrigerator
Listing offered by:
Danny Mahelka - License# 01170359 with Coldwell Banker Realty - .
Map of Location:
Data Source:
Listing data provided courtesy of: California Regional MLS (CRMLS) (Data last refreshed: 02/23/26 3:35pm)
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Notice & Disclaimer: All listing data provided at this website (including IDX data and property information) is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed to be accurate. All measurements (including square footage) should be independently verified by the buyer.
Notice & Disclaimer: All listing data provided at this website (including IDX data and property information) is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed to be accurate. All measurements (including square footage) should be independently verified by the buyer.
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